BOCA RATON, FL--(Marketwire - April 28, 2008) - Neptune Industries, Inc. (OTCBB: NPDI),
today announced the appointment of Gordon Creaser, an internationally
renowned expert in hydroponics research and practice, as Vice President of
HydroPonic Development and Operations.

Through his articles in magazines including Aquaponics Journal, The Growing
Edge, Practical Hydroponics and Greenhouse Manager, and through his
consulting work in Micronesia, Australia, South America, Canada, the
Caribbean, The Bahamas, as well as in the United States, Gordon Creaser has
establishing himself as one of the world's foremost authorities on
Hydroponics, and has designed numerous systems both large and small for
clients on 5 different continents.

Hydroponics, a method of growing plants without soil, represent a very
large future revenue opportunity for Neptune that arises from its patented
Aqua-Sphere™ fish rearing system. Aqua-Sphere™ traps fish waste in a
closed containment system, rather than allow these wastes back into the
water, and then utilizes these wastes to create highly profitable revenue
streams, such as hydroponics. Neptune is currently developing a
significant 30,000 sf greenhouse for hydroponics on its Blue Heron farm in
Florida City, Florida, and is also negotiating to develop additional
locations in other states and jurisdictions.

Mr. Creaser said he has joined Neptune because, "I believe we have,
through Neptune, a unique opportunity to transform the flawed and
environmentally unsustainable practices of today's fish farming industry
into a key source of hydroponically grown vegetables, lettuce and herbs,
and I want to lend my years of experience to this magnificent work."

According to Mr. Ernest Papadoyianis, Neptune President and Chief Executive
Officer, "Neptune recently completed seven months of hydroponic and
aquaponic testing to determine the viability of growing a number of
vegetables, lettuce, and herbs in combination with our fish farming
operations. Fish waste is an ideal natural, organic fertilizer, and has
proven to be very cost effective. We were very impressed with Mr. Creaser's
credentials in producing successful hydroponic operations, and believe he
will be an invaluable asset as we develop this arm of our business
operations."

In addition to hydroponically grown vegetables, lettuce and herbs,
Neptune's Aqua-Sphere™ system utilizes fish waste to create additional
revenue streams through the growth of algae for biofuels and through the
production of methane gas. These revenue streams will add significantly to
the income of will next generation fish farmers that use Neptune's
Aqua-Sphere™ system to grow fish in a way that does not pollute the
surrounding waterways.

About Neptune Industries

Neptune Industries is a technology company that from inception has been
committed to achieving sustainable, eco-friendly aquaculture by innovating
and pioneering a "total and comprehensive integrated systems solution"
approach to the mission critical challenges facing the Aquaculture Industry
today. Dwindling supplies of wild caught stocks used for fishmeal, and the
continued environmental damage, escapism, and disease caused by
self-polluting net pen systems, have severely restricted Industry growth on
a global basis.

Our mission is to utilize our expanding production operations base of all
natural, sustainable farm raised seafood products, as the working platform
for the development of innovative, next-generation technologies to dissolve
current industry bottlenecks. Further, our commitment is one of systems
integration that targets "zero waste." Fish, organic produce, and
waste-to-energy systems synergize to form a production model with
multi-revenue streams.

Thus far, the Company has applied for patents and has made significant
progress in the development of three technology platforms, one of which its
calls
"Ento-Protein"; the second of which it calls "Aqua-Sphere," and the third
of which is known as "Aquaponics." Taken together as components of a whole
-- this total integrated system solution approach addresses what the
company believes to be THE three critical problems stymieing the growth of
the Aquaculture industry which will invariably cause it to fall
increasingly short of growing world wide demand.

Aqua-Sphere™ is a
state-of-the-art scalable, modular, floating closed containment system that
is capable of concentrating and removing solid waste, eliminating predation
and escapement, utilizing alternative energy for remote applications, and
isolating crops from the environment.

Ento-Protein™ is a truly revolutionary development pioneered by Neptune
to be a high quality, sustainable protein derived from insects which is
intended to be a replacement for the rapidly depleting fishmeal made from
wild caught feedstock species, and is currently a $7 billion market.

Aquaponics is the existing practice of integrating fish and plant
production through soil-less culture (hydroponics) using the waste effluent
as fertilizer. Neptune has advanced the methodology through the use of the
Aqua-Sphere™. The hydroponic system provides a revenue stream off of the
waste component of the fish production through very high quality organic
herbs and vegetables. In addition, as another part of the water treatment
and Aquaponics system a derivative product of algae is grown in floating
socks, which is the 30x more productive than corn on a per acre basis, for
the production of bio-diesel.

Finally to validate and test Neptune's solutions and technologies, the
Company operates a sustainable fish farming facility in Florida City,
Florida called Blue Heron Aqua Farms, Inc. Blue Heron Aqua Farms currently
is one of the leading producers of hybrid striped bass, which it markets
nationally and internationally as Everglades Striped Bass™. For further
information, please visit the Company's website at:
www.neptuneindustries.net

Safe Harbor Statement

Safe Harbor Statement under the Private Securities Litigation Reform Act of
1995: This news release may contain forward-looking information within the
meaning of Section 27A of the Securities Act of 1933, as amended, and
Section 21E of the Securities Exchange Act of 1934, as amended, including
statements that include the words "believes," "expects," "anticipates" or
similar expressions. Such forward-looking statements involve known and
unknown risks, uncertainties and other factors that may cause the actual
results, performance or achievements of the Company to differ materially
from those expressed or implied by such forward-looking statements. This
news release speaks as of the date first set forth above and the Company
assumes no responsibility to update the information included herein for
events occurring after the date hereof.